£160,000
1 bed flat for saleSouthchurch Avenue, Southend-On-Sea SS1
1 bed
1 bath
1 reception
EPC Rating: E
- Leasehold
Ocean Residential
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About this property
Off street parking
Spacious one-bed split-level flat with 2 allocated parking spaces, long lease (120 years), and income-producing tenant in situ - ideal for investor purchase.
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An excellent opportunity to acquire this well-appointed one-bedroom split-level flat located on the desirable Southchurch Avenue in Southend-on-Sea. Offered with two allocated parking spaces and currently let to a tenant paying £915 pcm, this property represents a strong investment in a well-connected locale.
On entry you are welcomed into the lower level which offers a practical kitchen and living/dining space, allowing for comfortable day-to-day living without compromise. Upstairs the spacious bedroom and bathroom are accessed via an internal staircase, giving a sense of separation and added amenity. The layout gives a feeling of more space than a typical one-bed flat.
Externally the flat benefits from two dedicated parking bays - a rare find in this area and a valuable addition for convenience and rental appeal. The lease stands at approximately 120 years remaining, providing long-term security, with a ground rent of £300 per annum and a service charge of approximately £1,200 per annum.
Situated on Southchurch Avenue, this property enjoys a convenient position for local amenities, transport links and the seafront. The town centre and mainline station are within easy reach, making it popular with commuting tenants and owner-occupiers alike.
To summarise: A well-configured split-level one-bed flat, with long lease, two parking spaces and tenant in-situ producing an immediate income stream. Viewing is highly recommended for investors seeking a turn-key asset in Southend-on-Sea.
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More information
Tenure
Leasehold (120 years)
Service charge
£1,200 per year
Council tax band
A
Ground rent
£300
Ground rent date of next review